Full Job Description
Discover Financial Services is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business. It operates the Discover Global Network comprised of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in 190 countries and territories.
Discover’s vision is to be the leading direct bank and payments partner and its mission is to help people spend smarter, manage debt better and save more so they achieve a brighter financial future.
At Discover, be part of a culture where diversity, teamwork and collaboration reign. Join a company that is just as employee-focused as it is on its customers, and which is consistently awarded for both. We’re all about people and our employees are why Discover is a great place to work. Be the reason we help millions of consumers build a brighter financial future and achieve yours along the way with a rewarding career.
The Internal Audit team is seeking an energetic leader to deliver on consumer compliance audit objectives for Discover’s consumer lending businesses. This leader will use best-in-class methodologies and provide strategic direction to ensure quality reports and provide high-value insights. Additionally, this audit director will allocate staff in accordance with the audit plan, continuously evaluate allocations of resources, and make necessary adjustments based on needs and changes. This leader will be tasked with improving efficiency and effectiveness of the team while mentoring junior team members to lead through change as Discover leverages next generation capabilities.
Lead and/or execute compliance related audits within Discover, including the supervision of audit staff on related audit engagements.
Ensure regulatory items are effectively completed, validated, documented and reported while enabling adequate participation in exams & effective verification of closed regulatory items.
Execute activities and committee meetings across the enterprise, Executive & Board levels while maintain good relationships with key business and audit partners.
Provide execution and ongoing maintenance of the audit plan while maximizing audit resources.
Recommends changes to plan as business developments arise. Supervises the Audit Finding Action Status Updates / Verification / ORE verification while understand the risk profile of Discover
Support, supervise and develop staff as part of career development initiatives including, rotation programs within Discover, Change Initiative etc. Manages staff development and promotes a strong culture of accountability
Supervise in accordance with department policies and procedures for the execution of complex audits while effectively delivering timely reports in line with regulator expectations.
Provide strategic guidance on the execution of the audit by applying knowledge of best practices and processes to ensure proper strategic alignment. Provide input and ensure proper identification and assessment of key business risks and controls.
Produce findings/reports that are high substantive quality; well drafted and communicated, and delivered on schedule in conformity with department policy and procedures.
Participate and support department strategic initiatives based on defined governance structure (for specific initiatives) to improve Internal Audit processes.
Bachelor’s degree in Social Sciences, Engineering, Business, Accounting, Finance, IT or related
10+ years of experience in auditing and/or compliance, or regulatory examinations
5+ years of experience in banking or financial services operations
4+ years leading public accounting or relevant consulting operations in a highly regulated environment
Master’s degree in degree in Law, Social Sciences, Engineering, Business, Accounting, Finance, IT or similar
Experience in payment network or related technology services, process improvement and experiences leading people in cross-cultural/international teams
Certification or Licenses in Business, Six Sigma/Agile, Risk, STEM, CPA, CIA, CFA, CRM or CRCM, JD
What are you waiting for? Apply today!
The same way we treat our employees is how we treat all applicants – with respect. Discover Financial Services is an equal opportunity employer (EEO is the law). We thrive on diversity & inclusion. You will be treated fairly throughout our recruiting process and without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status in consideration for a career at Discover.
24-Hour Nurse Hotline & Telehealth Services
7 Paid Holidays
Annual Flu Shots
Employee Assistance Program
Flexible Work Environment
Group Auto, Home and Pet Insurance
Healthy Eating Program
Legal Assistance Plan
Onsite Emotional Health Counselors
Onsite Fitness Centers
Onsite Weight Watchers at Work
Paid Parental Leave
Professional and Leadership Development Programs
Service Anniversary Awards
Annual health Evaluation and Health Coaching
Critical Illness Insurance
Health Savings Account, Health Reimbursement Account and Flexible Spending Accounts
Health, Vision and Dental Insurance
Life and Accident Insurance
Long-term and Short-term Disability Insurance
Onsite Health Services Center with Nurse Practitioner
401(k) Savings Plan with Fixed and Matching Contributions
Employee Stock Purchase Plan
“Financial Wellness for You” Learning Programs